LGIH News and Press, LGI Homes Inc. From 12/04/20

LGI Homes (LGIH) announces 960 home closings in November, +28.3% Y/Y from from 748 in 2019.YTD 7,709 home closings, +16.1% Y/Y. As of the end of November 2020, the Company had 114 active selling communities. LGIH is updating its full year closings guidance between 8,800 and 9,200 homes in 202...

THE WOODLANDS, Texas, Dec. 03, 2020 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced 960 home closings in November 2020, up from 748 home closings in November 2019, representing year-over-year growth of 28.3%. In addition, the Company ended the first eleven months of 2020 ...

JPMorgan credit research analyst Arjun Chandar underweights housing heading into 2021, saying "we simply believe that credit spreads have tightened to levels that create a negative risk/reward skew heading into 2021."Favors building materials over similarly rated homebuilders and CCC credits ...

CLEVELAND, Texas, Nov. 19, 2020 (GLOBE NEWSWIRE) -- LGI Homes , Inc. (Nasdaq:LGIH) today announced the opening of a new home community in the greater Houston area, Pinewood Trai ls , where the builder plans to construct 974 single-family homes. Located in eastern Montgom...

2020 has been a great year for many homebuilder stocks. Even with the economy -- and millions of Americans -- still struggling from the coronavirus recession, home sales have surged this year. Some of the biggest winners include D.R. Horton (NYSE: DHI) , LGI Homes (NASDAQ: LGI...

KB Homes (KBH) gains 2.6% in premarket trading after JPMorgan analyst Michael Rehaut upgrades the stock to Neutral, following its relative underperformance YTD.Though, he expects KBH's 2020 average order growth to lag those of its peers, Rehaut sees that reversing in 2021.Downgrades LGI ...

LAS VEGAS, Nov. 12, 2020 (GLOBE NEWSWIRE) -- LGI Hom e s, Inc. (NASDAQ: LGIH) today announced the opening of its newest community in the Las Vegas market, La Ma d re , presenting a lineup of never-before-seen floor plans in a prime Las Vegas location. Located o...

LGI Homes has been demonstrating double digit home sales growth rate in 2020. Share buyback plans will remove approximately 11% of the market cap. Business is well positioned to benefit from tailwinds due to record low mortgage rates, work-from-home and potential Biden administrat...

CONVERSE, Tx., Nov. 10, 2020 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) expands its presence in the San Antonio market with a new community in Converse, Texas, Hig h top Ridge . This new community, located northeast of downtown San Antonio, offers stunning, u...

DENVER, Nov. 05, 2020 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of a new community in the Denver market, Second Creek Farm. This community is located in Commerce City and offers a variety of one and two-story homes from the $370s. Second Cree...